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crude oil prices tumbling on fears of a weak economy, large inventory, crude oil, a stronger dollar that was boosted by a flight from european currencies to this country. crude oil down more than $4, under $85 per barrel. we should point out, today's stock sell-off to my as impressive as it is, does not compare with the sell-off when president obama was first elected back in 2008, and the day after election day than stocks plunged 5% after he was elected, and fell another 12 percent two weeks after the election, and by the end of 2008, the dow had sunk nearly 9%. well, joining us now to assess whether that is the likely path for the markets to follow, charles schwab chief investment strategist and senior vice president. good to have you with us. >> hi. lou: this is a fairly impressive sell-off. what you make of it? >> look, i think yesterday we had two major uncertainties, the dominant one being the fiscal cliff. the last comment, but most trenton center with the election itself. there was some hope that once we get the results of the election we would have greater clarity on the big unc
crude oil prices tumbling on fears of a weak economy, large inventory, crude oil, a stronger dollar that was boosted by a flight from european currencies to this country. crude oil down more than $4, under $85 per barrel. we should point out, today's stock sell-off to my as impressive as it is, does not compare with the sell-off when president obama was first elected back in 2008, and the day after election day than stocks plunged 5% after he was elected, and fell another 12 percent two weeks...
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rowe price, we understand the connections of a complex, global economy. it's just one ason over 75% of our mutual funds beat their -year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ >> i ran for office because i am concerned about america. this election is over, but our principles endorsed. i believe that the principles upon which this nation were founded on the only short guide to a resurgent economy into renewed greatness. lou: coming up short in his bid for the presidency dollars in the majority of the swing states. joining me now to talk about some of the reasons behind that, the shifting demographics, republican thinking in strategy, we are joined by former deputy assistant to president george w. bush, also with us best-selling author, and klein. this is as if the obama team did not -- it just knew exactly what would unfold. that is how together they were. it was the inverse for the run the te
rowe price, we understand the connections of a complex, global economy. it's just one ason over 75% of our mutual funds beat their -year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ >> i ran for office because i am concerned about america. this election is over, but our principles endorsed. i believe that the principles upon which...
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Nov 12, 2012
11/12
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FBC
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with the defense contractor in favor of mitt romney that is good for your business but bad for the economy in general to tax some people. romney had a good line you n't just pick winners and losers but you pick the losers. john: they could the random selection people look at politician as the person to solv every problem? president obama was the magic president. these people were waiting three hours. he is magic. >> they've really feel he has the intrinsic quality now they he has been reelected to change people's lives like he has only been warming up. for what? it is terrifying. john: people felt this way about romney. >> but obama is a classic example of the colt of the presidency the idea tht any politician can fix all the problems is not start with the obama but is the attitude we should get rid of racism. he should stop the rise of the oceans and get everybody house. i saw a teenager said he should give everybody a house. kids say that is understandable. but adults are supposed to understand there are incentives, a trade offs and a a cost. there are unintended consequences government
with the defense contractor in favor of mitt romney that is good for your business but bad for the economy in general to tax some people. romney had a good line you n't just pick winners and losers but you pick the losers. john: they could the random selection people look at politician as the person to solv every problem? president obama was the magic president. these people were waiting three hours. he is magic. >> they've really feel he has the intrinsic quality now they he has been...
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the consumer is starting to feel better about the economy. they are going out and spending more money. they are not making a lot more money. the income is not there. they are spending money. maybe they are doing it with debt, but they are out there. liz: do you like high end, low end names? macy's has done pretty significantly -- when you look at this kind of name, you say not that bad. >> you look at coach and tiffany, they have had pretty good earnings. of all the socio economic that's done pretty well, it's been the ultra wealthy. liz: let's go to the restaurants. people don't have to go to panera or starbucks or cheesecake factory, all of these names are moving lower today. >> they are moving lower as a result of mcdonald's reporting same-store sales down for the first time in nine years. if you can't go in and spend 99 cents on a hamburger, where is the money going? i think those are names that will still pop back. the thing i will caution you on some restaurant names, if you look at restaurants like darden and ck and yum! brands, they h
the consumer is starting to feel better about the economy. they are going out and spending more money. they are not making a lot more money. the income is not there. they are spending money. maybe they are doing it with debt, but they are out there. liz: do you like high end, low end names? macy's has done pretty significantly -- when you look at this kind of name, you say not that bad. >> you look at coach and tiffany, they have had pretty good earnings. of all the socio economic that's...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand gr stronger and get back to work. everyday you see all of us rving you, around the country, around the corner. us bank. at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a busess you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy withtep-by-step help when completing your personalized document -- or you can even aess an attorney to guide you along. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. ♪ [ male annncer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. if you're eligible for medicare, you might know it onl
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand gr stronger and get back to work. everyday you see all of us rving you, around the country, around the corner. us bank. at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a busess you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy withtep-by-step help when...
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Nov 14, 2012
11/12
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WGN
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our economy cannot afford the right now. certainly no middle class family can afford that right now. nobody says they wanted to happen. we can pass a law right now that would prevent any tax hike on the first $250,000 of everybody's income. that means every american gets a tax cut. that means that 90 percent of all americans will not see their taxes go up a single time. the senate has already passed a law like this. democrats and house are ready to pass a law like this, i hope republicans come on board to. we should not hold the middle class hostage while we debate tax cut for the wealthy. we should at least do what we agree on. that is to keep middle-class tax as well. we can get folks some certainty before the holiday season. i will not pretend like figuring everything else will be easy but i'm confident we can do that. i know we have to. i know that is what the american people want. that was a very clear message from the election last week. that was the message of the letter i received over the weekend. a came from a man
our economy cannot afford the right now. certainly no middle class family can afford that right now. nobody says they wanted to happen. we can pass a law right now that would prevent any tax hike on the first $250,000 of everybody's income. that means every american gets a tax cut. that means that 90 percent of all americans will not see their taxes go up a single time. the senate has already passed a law like this. democrats and house are ready to pass a law like this, i hope republicans come...
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president obama is addressing the nation live on the economy. we're not going to be caught by surprise with an unexpected offense. the budget director answering questions about the 2013 budget. a $2.9 billion blueprint that closes the deficit with a mixture of cost cutting, consolidations, new or increased taxes. the combination of tax hikes expected to rise over $200 million. and also balance the budget of variety casts consolidating extra office space. reducing costs. in fact that is the sticking point right now. the meeting is running along here. commissioners debating the issue of funding for a hospital system. nevertheless a vote on the budget expected to take place here shortly. today the union issued a statement saying no agreement was reached. the next negotiation meeting is planned for tuesday november 13th. if you're an illinois homeowner insured by state farm, get ready to pay a little more. the bloomington, illinois based company has announced a four point seven percent raise in homeowners' insurance. state farm insures one out of ev
president obama is addressing the nation live on the economy. we're not going to be caught by surprise with an unexpected offense. the budget director answering questions about the 2013 budget. a $2.9 billion blueprint that closes the deficit with a mixture of cost cutting, consolidations, new or increased taxes. the combination of tax hikes expected to rise over $200 million. and also balance the budget of variety casts consolidating extra office space. reducing costs. in fact that is the...
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Nov 12, 2012
11/12
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KCSMMHZ
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those gdp numbers are neglect foifr the japanese economy. back to you. >> thanks for that. >>> a quick look at what's on our global economic calendar for this week. on monday euro zone finance ministers get together in brussels to discuss whether to go ahead and provide greece with another loan out of the bailout package. on tuesday a finance ministers meeting is expected to get under way. on wednesday major japanese banks and other financial institutions will aannounce their first half earnings. the business results will come out amid speculation those institutions did well between april and september. u.s. retail sales for october will be out on the same day. sales have been growing for three months through september when they went up 1.1% from the previous month. financial watchers are watching closely to see if retail sales will maintain the uptrend. initial euro zone gdp will be released. it shrank .2% between april and june from the previous three months because of austerity measures taken by debt-ridden countries in the zone cut into
those gdp numbers are neglect foifr the japanese economy. back to you. >> thanks for that. >>> a quick look at what's on our global economic calendar for this week. on monday euro zone finance ministers get together in brussels to discuss whether to go ahead and provide greece with another loan out of the bailout package. on tuesday a finance ministers meeting is expected to get under way. on wednesday major japanese banks and other financial institutions will aannounce their...
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Nov 9, 2012
11/12
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MSNBCW
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> today in his first public remarks after his historic election, president obama sent a shock message to republicans who didn't listen for tuesday's results. he ran on raising taxes on those at the very top and the american people supported that stance and not rush limbaugh, speaker boehner should stand in the way. either they get in line or they can get run over and judging by the resounding welcome he got, the president got a lot of wind at his back. >> the president and vice president of the united states. [cheers and applause ] >> thank you. thank you, everybody. thank you. thank you very much. >> the support for the president's economic ideas exte
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> today in his first public remarks after his historic election, president obama...
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Nov 15, 2012
11/12
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CNBC
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economy and global economy. we think we've been through so many uncertainties in the last four years we should probably be used to it by now. we're looking ahead to the second quarter where the u.s. should go back to trend growth and holding tight our strong convictions. >> so you're buying here snmp? s >> yeah, we think it's going to get a little cheaper, but we're holding on to the risk we have on right now. >> bob, why the comeback here? what's going on? >> we're seeing utilities come back a little bit. i don't see any particular catalyst. the dollar is not dropping dramatical dramatically. i think we're seeing an overall market lift. by the way, i love the interview with barney frank. i thought he was right. i'm an optimist on the fiscal cliff too. i think we'll see a rally in the middle of december, bill. >> well, we'll see about that. the market certainly off of the lows right now. we're trying to figure out what the heck is going on. mark harris, you're sitting at your trading desk. any ideas as far as wh
economy and global economy. we think we've been through so many uncertainties in the last four years we should probably be used to it by now. we're looking ahead to the second quarter where the u.s. should go back to trend growth and holding tight our strong convictions. >> so you're buying here snmp? s >> yeah, we think it's going to get a little cheaper, but we're holding on to the risk we have on right now. >> bob, why the comeback here? what's going on? >> we're...
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Nov 9, 2012
11/12
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. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear yesterday that raising tax rates is unacceptable and frankly it couldn't even pass the house. >> at issue here is this perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it dun for you. >> reporter: the campaign was tough. victory is sweet. now comes the hard part. >> on january 1st, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases. >> reporter: so what exactly is the fiscal cliff? it's night mare combination of tax hikes and spending cuts the president agreed to to force themselves into a compromise. so far, they haven't agreed on anything. so barring a last-minute fix at the stroke of midnight on new year's eve, the bush tax cuts expeer. the alternative minimum tax kicks in. more than half of all married couples with two children would owe an additional $4,000 in taxes each year. those with three or more children, that jumps to $4700. on top of that, the
. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear yesterday that raising tax rates is unacceptable and frankly it couldn't even pass the house. >> at issue here is this perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it dun for you. >> reporter: the campaign was tough. victory is sweet. now comes the hard part. >> on...
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Nov 9, 2012
11/12
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if the economy grows, people are making more money and that will create more tax revenue. lynn. >> all right, tracie. thanks. >>> now here's a side of the leader of the free world you don't see every day. getting choked up. this all happened on wednesday as president obama thanked staffers and volunteers at his chicago campaign offices. it's some new video that was released by his campaign. take a listen. >> you guys have proved that the work i'm doing is important. i'm really proud of that. i'm really proud of all of you. and what you've -- [ cheers and applause ] >> definitely an emotional moment for everybody that was there. >>> all right. we're going to shift gears a bit. after nearly being killed by jared loughner, former arizona congresswoman gabrielle giffords came face to face with him in a tucson courtroom yesterday. loughner was sentenced to seven consecutive life terms. her husband, mark kelly, told loughner, quote, you may have put a bullet through her head, but you haven't put a dent in her spirit. well said. kelly also blasted arizona governor jan brewer for
if the economy grows, people are making more money and that will create more tax revenue. lynn. >> all right, tracie. thanks. >>> now here's a side of the leader of the free world you don't see every day. getting choked up. this all happened on wednesday as president obama thanked staffers and volunteers at his chicago campaign offices. it's some new video that was released by his campaign. take a listen. >> you guys have proved that the work i'm doing is important. i'm...
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Nov 8, 2012
11/12
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KTVU
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because of the economy, we're seeing people who normally wouldn't ask for help." all of the hot-meal programs are within a mile of the garden. "it's a big difference. fresh produce is so much better for you than what comes out of a can." a second garden has been added, and the concept of 'food-not- lawns' has taken root at two neighboring churches. "we are prepared to help any congregation do this and keep this movement going to transform unproductive landscape into food production." gardeners with produce to donate may find local pantries in their area by checking the website ampleharvest.org. pantries themselves - and there are more than 5200 of them in all 50 states - are encouraged to register with the website. a new scam aimed at stealing your frequent flier air miles is happening around the country. jen waters of marketwatch.com is here with more on the new cyber crooks. jen, how are they getting into people's air mileage? > > they're getting there from e-mails, they're getting there from finding your boarding ticket at the airport, and they're finding your
because of the economy, we're seeing people who normally wouldn't ask for help." all of the hot-meal programs are within a mile of the garden. "it's a big difference. fresh produce is so much better for you than what comes out of a can." a second garden has been added, and the concept of 'food-not- lawns' has taken root at two neighboring churches. "we are prepared to help any congregation do this and keep this movement going to transform unproductive landscape into food...
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Nov 8, 2012
11/12
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MSNBC
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the notion that we should build an economy that's centered around the middle class and those who are fighting to get into the middle class, that that's how you build a strong economy, not from the top-down, not through trickle down. and i believed in him. ultimately it's not just about the positions you take. it's about the two people who are running. >> you can watch "politics nation" with reverend al sharpton each weekday at 6:00 p.m. eastern time here on msnbc. >>> congressman jesse jack some junior won re-election but could lose with the feds. >>> former congresswoman gabby giffords goes face to face with the man who tried to assassinate her. details are next. you're watching "first look" on msnbc. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. yeah. then how'd i get this... [ voice of dennis ] ...safe driving
the notion that we should build an economy that's centered around the middle class and those who are fighting to get into the middle class, that that's how you build a strong economy, not from the top-down, not through trickle down. and i believed in him. ultimately it's not just about the positions you take. it's about the two people who are running. >> you can watch "politics nation" with reverend al sharpton each weekday at 6:00 p.m. eastern time here on msnbc. >>>...
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Nov 15, 2012
11/12
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COM
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you destroy the global economy once and everyone forgets all the times you didn't destroy it. (laughter) plus our finance sector is much safer now because wall street has removed the weakest link-- man. >> for 150 years, the floor of 2 t change was the center of the financial world. but less than 30% of the trading is conducted here now and the specialists in the noise of the floor is being replaced by the speed and quiet efficiency of computers. >> stephen: though humans still play an important role-- as seen here as goldman sachs. (laughter) now, folks, superfast computers are necessary for something called high frequency trading or h.f.t. or hft" the sound of your pension evaporating. computers can move millions of shares around in minutes earning a tenth of a penny off each share. that adds up to serious money when they finally take it down to the wall street coinstar. (laughter) and once the computer has a trading strategy or algorithm it makes money just by churning the same formula over and over again. like maroon 5. (laughter) (cheers and applause) and even simple algo
you destroy the global economy once and everyone forgets all the times you didn't destroy it. (laughter) plus our finance sector is much safer now because wall street has removed the weakest link-- man. >> for 150 years, the floor of 2 t change was the center of the financial world. but less than 30% of the trading is conducted here now and the specialists in the noise of the floor is being replaced by the speed and quiet efficiency of computers. >> stephen: though humans still play...
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Nov 9, 2012
11/12
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WJLA
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. >> president obama will speak from the white house today about his game plan to grow the economy as well as cut the deficit. and republicans say they are ready to make it happen. abc's tahman bradley is in washington this morning. good morning, tahman. >> reporter: good morning, paula and rob. shortly after he was re-electioned, president obama called congressional leaders to discuss the so-called fiscal cliff. it's a major problem. it has to be solved by the end of the year. republicans and democrats have signaled they're ready to talk. but there's a major hurdle. a showdown's looming in washington, even as democrats and republicans strike a conciliatory tone post-election, both sides are set to collide over taxes. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. >> reporter: in an exclusive interview with abc news, house speaker john boehner drew a hard line on raising taxes. but opened the door of raising more revenue as part of a deficit reduction deal. >> i would do that if the president were serious about solving our spending problem and try
. >> president obama will speak from the white house today about his game plan to grow the economy as well as cut the deficit. and republicans say they are ready to make it happen. abc's tahman bradley is in washington this morning. good morning, tahman. >> reporter: good morning, paula and rob. shortly after he was re-electioned, president obama called congressional leaders to discuss the so-called fiscal cliff. it's a major problem. it has to be solved by the end of the year....
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Nov 15, 2012
11/12
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KBCW
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building the new arena that the warriors want to put up on san francisco's waterfront. >> lifting up the economy, getting those jobs, and doing our part. >> reporter: under the terms, 1-4 construction jobs will go to local workers. and half of the apprentice construction jobs gallon to san francisco's youth, like these two cousins. >> what's this mean to you? >> a lot . >> a lot >> it's a big opportunity. >> at the same time , are within this goal too, we're going to accommodate returning veterans from our wars and military to be part of this effort as well. and i'll -- [ cheering and applause ] >> yes. >> reporter: but there was another message. it is a wonderful open space, but the arena and its jobs will be good for the whole city. and organized labor is behind the deal big-time. >> i think it's a big step forward. we have to take a look at the financial components of the deal still. >> reporter: residents are feeling that the deal is moving too fast and more attention needs to be paid to the noise and traffic the 200 events a year will mean to the neighborhood. >> i understand why they're pu
building the new arena that the warriors want to put up on san francisco's waterfront. >> lifting up the economy, getting those jobs, and doing our part. >> reporter: under the terms, 1-4 construction jobs will go to local workers. and half of the apprentice construction jobs gallon to san francisco's youth, like these two cousins. >> what's this mean to you? >> a lot . >> a lot >> it's a big opportunity. >> at the same time , are within this goal too,...
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Nov 14, 2012
11/12
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CNBC
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economy. second is financials. after that, it's pretty much the big global, industrial, and material stocks that are do the downside. we have lost 1100 points in the do dow in the last three weeks. that's a drop of a little more than 8% since we hit the high. i think that was the first week of october. right now the dow is only up 3% on the year. we've had a lot of damage in tech and the big global industrials. it all started when the president simply dug in his heels on the idea of raising tack rates for the wealthy. he specifically said raising tax rates will not break the backs of the wealthy. that was a quote widely distributed on trading desks. >> that certainly was the leadership on this acceleration. >> so what will grow this economy then? you know, there's a feeling that it doesn't matter what's in this compromise to fix the fiscal cliff as long as they get past it and this economy can grow again and the markets go higher again. is that naive? >> i don't think so at all. we're going to see some stabilizatio
economy. second is financials. after that, it's pretty much the big global, industrial, and material stocks that are do the downside. we have lost 1100 points in the do dow in the last three weeks. that's a drop of a little more than 8% since we hit the high. i think that was the first week of october. right now the dow is only up 3% on the year. we've had a lot of damage in tech and the big global industrials. it all started when the president simply dug in his heels on the idea of raising...
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Nov 15, 2012
11/12
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CNBC
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when you came out with your plan initially, the fed had pumped all this money into the economy. how do things change since then? we're going to get back to that. first, let me get back to headquarters. there's a lot of stock stories in the after hours. we want to bring them to you. here's a quick market flash. >> that's right. nike announcing a two-for-run stock split and dividend boost. that's up as a result. gap reports earnings per share of 63 cents, in line with expectations. better than expected revenue. they also upped their earnings guidance. pc maker dell misses by a penny on the bottom line. that's the fourth straight quarter of profit decline. that's a big one. we're going to continue to watch that. you can see shares have now fallen in the after hours trading, down a percent. maria. >> all right, court. thanks very much. our special "rise above" edition of the "closing bell" continues. we have alan simpson and erskine bowles here with me in the house. later, we'll get a reaction from etna ceo on the debt. wait until you hear their fiscal cliff contingency plans. back
when you came out with your plan initially, the fed had pumped all this money into the economy. how do things change since then? we're going to get back to that. first, let me get back to headquarters. there's a lot of stock stories in the after hours. we want to bring them to you. here's a quick market flash. >> that's right. nike announcing a two-for-run stock split and dividend boost. that's up as a result. gap reports earnings per share of 63 cents, in line with expectations. better...
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Nov 8, 2012
11/12
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KICU
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congress needs to compromise to keep the economy on track ass said by tom baker. >> do you know what the fiscal cliff is? >> actually i don't. >> do you know what the fiscal cliff is? >> i haven't a clue what a fiscal cliff is. >> i haven't heard of that term. >> reporter: you will, and soon. >> enormous changes that are currently scheduled to happen on new years day. >> reporter: absent a deal, there will be automatic tax increases for everyone, massive budget cuts and a huge reduction of the federal budget. >> there will be very large cuts in defense spending. there will be equally large cuts in non-audience spending. what that means of course request is that the government will buy many fewer things. hundreds of billions of dollars less. >> reporter: government will have far less money to spend and businesses will have less money. >> it will be big enough that it will be noticeable and it will be painful. >> reporter: huge layoffs across the board possible, and the economy may stall. >> it's entirely possible that you could see a recession. >> reporter: now that we know. >> i hope
congress needs to compromise to keep the economy on track ass said by tom baker. >> do you know what the fiscal cliff is? >> actually i don't. >> do you know what the fiscal cliff is? >> i haven't a clue what a fiscal cliff is. >> i haven't heard of that term. >> reporter: you will, and soon. >> enormous changes that are currently scheduled to happen on new years day. >> reporter: absent a deal, there will be automatic tax increases for everyone,...
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working together in creating a fair simpler tax code we can give our country a stronger and healthier economy. after four years of bitterness and divisiveness the republican leaders talk about working together with president obama following his reelection. good evening imi, a terror. our top story seen around the country tonight, could it be a true all of branch the house speaker handed the president after turmoil on capitol hill the last four years. chicago voters say they hope it is as they gathered near the president's home on the south side before the first family left the city to get back to washington. the president reached out to party leaders on both sides of the aisle to get a jumpstart on the tough work coming up. meanwhile, the enthusiasm at the hyde park neighborhood is much different today than four years ago supporters are happy and relieved that he won reelection and at the same time they say they expect better results during his second term in celebration of another win for the famous neighbor free breakfast this morning at the diner one of barack obama's favorite hyde park re
working together in creating a fair simpler tax code we can give our country a stronger and healthier economy. after four years of bitterness and divisiveness the republican leaders talk about working together with president obama following his reelection. good evening imi, a terror. our top story seen around the country tonight, could it be a true all of branch the house speaker handed the president after turmoil on capitol hill the last four years. chicago voters say they hope it is as they...
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it wasn't about the economy. if it had been, as the polls suggested, mitt romney would have won. >> well, it should have been about the economy but i think that the democrats did an amazing job of making this -- really amplifying what is clearly a problem within the republican party, how we're messaging about women. the fact that we were even discussing birth control, the fact that, you know, the whole forcible rape was even part of the conversation when the polls clearly show i think that millenials are moving in a much more libertarian position when it comes to social issues. they might not necessarily be democrats but -- and they might not be republicans yet but i think that socially, libertarian is the direction the country is going. >> it may not be america's going liberal. what it is is rejecting extreme positions. i think the problem mitt romney got himself into, at his heart he's really a moderate. when you look at when he was governor in massachusetts, he wasn't that far right at all but he had to go muc
it wasn't about the economy. if it had been, as the polls suggested, mitt romney would have won. >> well, it should have been about the economy but i think that the democrats did an amazing job of making this -- really amplifying what is clearly a problem within the republican party, how we're messaging about women. the fact that we were even discussing birth control, the fact that, you know, the whole forcible rape was even part of the conversation when the polls clearly show i think...
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Nov 11, 2012
11/12
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KPIX
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. can it know when ite needs to be repaired? and when it doesn't? in industries like manufacturing and energy, they're using predictive analytics to detect signs of trouble helping some companies save millions on maintenance, because machines seek help before they're broken. and don't when they're not. that's what i'm working on. i'm an ibmer. let's build a smarter planet. >> schieffer: this was a close election, so there were almost as many people who felt bad about it as good about it. so if you're one of those who is down in the dumps, just think about how linda mcmahon feels. she just los
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. can it know when ite needs...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our cheat. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything is ok. i'm tom harvey welcome to the big picture. let's. listen. that's.
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our cheat. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything is ok. i'm tom harvey welcome to the big picture. let's. listen. that's.
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Nov 10, 2012
11/12
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WGN
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. >> everyone wants to get our economy moving again everyone wants to get americans back to work again but raising tax rates will slow down our ability to create the jobs that everyone says they want. analysts say most likely there will be a smaller agreement in the coming weeks that will essentially kick the can down the road until june or july of next year when they will have to renegotiate again they have 51 days to get a deal done. the chicago area could see another teacher's strike this time and west suburban geneva district 304 plans to go on strike monday in dispute over pay the teachers in the school board have scheduled a last- ditch bargaining session for sunday night if there is a strike nonunion staff will keep school buildings open so kids will have a safe place to be the empty for a private ambulance company charged with committing a hit and run christian hernandez is accused of striking 53 year-old ronald at the ax at lake forest preserve they found that he took his vehicle a black dodge challenger to an auto shop repair for an estimate the vehicle matched the descriptio
. >> everyone wants to get our economy moving again everyone wants to get americans back to work again but raising tax rates will slow down our ability to create the jobs that everyone says they want. analysts say most likely there will be a smaller agreement in the coming weeks that will essentially kick the can down the road until june or july of next year when they will have to renegotiate again they have 51 days to get a deal done. the chicago area could see another teacher's strike...
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Nov 12, 2012
11/12
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WBAL
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overseas this morning, news that japan's economy saw its first contraction this year, new fears its economy may be headed for a recession. good news out of greece where lawmakers approved a new austerity budget, a key step in keeping the country out of bankruptcy. elsewhere, apple and htc settled a 32-month patent battle with a new ten-year licensing agreement. meanwhile, it looks like ticket master is about to see a major threat to its share of the market, thanks to a new partnership between stub hub, papal and aeg. >>> believe it or not, thanksgiving now less than two weeks away, so how much does it cost to host the big day? a new survey finds that it's going to run you about $246 this year, but it looks like more people may skip seconds to get a head start on black friday shopping. toys 'r' us is the latest store to announce it will open 8:00 p.m. on thanksgiving day along with walmart and also sears. there you go. >>> coming up, a massive explosion rocks an indianapolis neighborhood. your nfl highlights are straight ahead. you're watching "early today." >>> other stories making news "ea
overseas this morning, news that japan's economy saw its first contraction this year, new fears its economy may be headed for a recession. good news out of greece where lawmakers approved a new austerity budget, a key step in keeping the country out of bankruptcy. elsewhere, apple and htc settled a 32-month patent battle with a new ten-year licensing agreement. meanwhile, it looks like ticket master is about to see a major threat to its share of the market, thanks to a new partnership between...
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Nov 11, 2012
11/12
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FOXNEWSW
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it,...
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Nov 12, 2012
11/12
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WRC
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. >> reporter: experts warn of serious damage to the economy if the standoff drags on. >> if three or four weeks from now they're making no progress at all, you'll see the anxiety and nervousness growing in the markets and corporate boardrooms. it's going to be a rough for months. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity as they struggle to rebuild. a 77-year-old man has died of injuries from a fall as sandy hit new york, bringing the city's death toll to 43. janet napolitano visited with disaster relief workers in new york, reaffirming her commitment to be with those in need for the duration. >>> now for a look at your national and regional weather, here is bill karins. very good morning to you. >> you have a good weekend? >> i did. it was nonexistent. it's coming up, actually. >> i understand that. some of us work weekends every now and then. here's what we're looking at today. big temperature contrast across the countr
. >> reporter: experts warn of serious damage to the economy if the standoff drags on. >> if three or four weeks from now they're making no progress at all, you'll see the anxiety and nervousness growing in the markets and corporate boardrooms. it's going to be a rough for months. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without...
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Nov 8, 2012
11/12
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KNTV
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europe's economy is struggling again. and here at home, apple continues to tumble. all of this leading to a 300-point drop in the dow, and a 2.5% fall on the nasdaq. cupertino-based apple down more than $22. it is now trading at a five-month low. if there is a silver lining to any of today's numbers, it's that the price of oil continues to fall. it's now at its lowest level since the summer because as the european economy suffers, the expectation is that less oil will be used there. we'll see if that comes back to affect our gas prices across the pond in the weeks to come. janelle? >> that would be welcome relief at the pump. thank you so much, scott. >>> it was one of the ugliest local battles in recent history. the seat for one san jose city council district, which also became the most expensive in that race's history. san jose voters also approved an increase in the minimum wage. stephanie trong is live at san jose city hall with the wrap-up. >> reporter: the mayor got who he wanted in the two races for city council, rose herrera retaining her district 8 seat, an
europe's economy is struggling again. and here at home, apple continues to tumble. all of this leading to a 300-point drop in the dow, and a 2.5% fall on the nasdaq. cupertino-based apple down more than $22. it is now trading at a five-month low. if there is a silver lining to any of today's numbers, it's that the price of oil continues to fall. it's now at its lowest level since the summer because as the european economy suffers, the expectation is that less oil will be used there. we'll see...
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Nov 10, 2012
11/12
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FOXNEWS
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does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also things that actually help people who have jobs get back to work, the investments -- >> arthel: forgive me, but i've got to give matt 20 seconds. go ahead. >> we just had an election. let's put the talking points aside. let's agree whether you're republican or democrat and you're sitting in that oval office, you've got to get this economy growing. it's an anemic economy. you're not going to grow it by raising taxes on any job creators. if you try raise it on high income earners, you're raising taxes on small businesses. that means his presidency is going to go down as a failure. i think he's smarter than that. i hope he reaches out and takes speaker boehner on his offer. >> arthel: it will take some reaching out on all sides. that's my two cents. matt, we want what's best for the country. alexis, thank you so much, good to see both of you.
does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also things that actually help people who have jobs get back to work, the investments -- >> arthel: forgive me, but i've got to give matt 20 seconds. go ahead. >> we just had an election. let's put the talking points aside. let's agree whether you're republican or democrat and you're sitting in that oval office,...
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Nov 9, 2012
11/12
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FOXNEWS
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the slowing economy here in the u.s. as well as in europe that's where mickey d's does 40 percent of the business is taking a toll. even in mcdonalds it typically thrives in these tough economic times because the menu is a inexpensive and they change it up a lot because people like it and even they are taking a hit. >> lauren simonetti thanks so much. >>> thanks patti ann. it's time to get our weather update with janice dean. are we seeing any more winter weather? >> the northeast gets a period of dry weather and warmer temperatures. but the west it's their turn they are going to see wintery weather. let's talk about the last storm system finally exiting the coast we are dealing with dry conditions and a warming trend. however across the west we have winter weather advisory for many states including blizzard warnings for the state of montana. we could see over a foot of snow heavy snow gusts 40-50 miles an hour. travel going to be next to impossible across the northern rockies the northern plains states. look at all of t
the slowing economy here in the u.s. as well as in europe that's where mickey d's does 40 percent of the business is taking a toll. even in mcdonalds it typically thrives in these tough economic times because the menu is a inexpensive and they change it up a lot because people like it and even they are taking a hit. >> lauren simonetti thanks so much. >>> thanks patti ann. it's time to get our weather update with janice dean. are we seeing any more winter weather? >> the...
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Nov 13, 2012
11/12
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KBCW
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. >> supporters dismiss the complaint saying more money in their pockets will be good for the economy. the minimum wage hike takes effect next year. >>> another game went to overtime tonight. did it end in a die? will alex smith play next week? that'll be coming up next. with over 200 varieties, keurig makes brewing a delicious cup of coffee simple. how does it brew such great coffee? well... inside the brewer are these green fields of coffee, and if you travel up this mountain, there's this huge coffee grinder. and then the coffee lands in this cup and water rushes through. actually, i just press this button. brew what you love, simply. keurig. to a tastier festive feast. so much to sip and savor. a feeding frenzy, to say the least. a turkey from safeway will have everyone raving. there's fresh, natural, frozen, whatever your craving. spend $25, and get a frozen safeway turkey for 59 cents a pound. or spend $25, and a frozen butterball turkey, just 99 cents a pound. so raise your glass, pull up a chair, grab a plate. this tastier thanksgiving is well worth the wait. safeway. ingredie
. >> supporters dismiss the complaint saying more money in their pockets will be good for the economy. the minimum wage hike takes effect next year. >>> another game went to overtime tonight. did it end in a die? will alex smith play next week? that'll be coming up next. with over 200 varieties, keurig makes brewing a delicious cup of coffee simple. how does it brew such great coffee? well... inside the brewer are these green fields of coffee, and if you travel up this mountain,...
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Nov 10, 2012
11/12
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CNNW
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raising rates is going to slow the economy. this is not the time to raise taxes in the middle of a very weak economy. okay. we understand that. what i was saying before is that they all really understand what the parameters of a macro, big deal would be. they know what you have to do with entitlements. this is not a new discussion for them. they know what you have to do with tax reform. you have simpson bowles sitting out there. what you have to do is get past this question. >> i want to play on a totally different note, a remarkable video that the obama campaign released on the morning after he won his re-election, and he gets very emotional. >> i felt that the work that i've done, in running for office, had come full circle. because you guys have done means that the work that i'm doing. i'm really proud of that. i'm really proud of you. and -- >> it's not often you see the president of the united states crying. >> we have not seen that really from him. political cartoonists sometimes draw him as mr. shock. i think it's just a
raising rates is going to slow the economy. this is not the time to raise taxes in the middle of a very weak economy. okay. we understand that. what i was saying before is that they all really understand what the parameters of a macro, big deal would be. they know what you have to do with entitlements. this is not a new discussion for them. they know what you have to do with tax reform. you have simpson bowles sitting out there. what you have to do is get past this question. >> i want to...